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before the deadline, president obama meets with congressional leaders today in hopes of reaching a compromise. >>> and less dairy for your dollar. without action by congress by new year's day, milk prices could skyrocket. >> if we want to continue to eat, the bill needs to be passed. that's where we get our food, people. captioning funded by cbs >>> this is the "cbs morning news" for friday, december 28th, 2012. good morning. good to be with you. i'm duarte geraldino. this afternoon president obama will meet with congressional leader to try to come to a deal to avoid the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehen
this afternoon president obama will meet with congressional leader to try to come to a deal to avoid the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehensive. they're not committing to projects. they're waiting to see what happens with the fiscal cliff. >> hope is fact if congress can get it done before january 1st. even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the ne
's get you some some of the morning headlines. the biggest one being president obama planning to meet with congressional leaders at 3:00 p.m. eastern time today in a last ditch effort to avoid the fiscal cliff. the house majority leader eric cantor is now telling members to be prepared to work through january 2nd. both sides still far apart, however, on taxes and spending cuts. senate majority leader harry reid says prospects for a deal by monday are still unlikely. there was a lot of movement, motion for not a lot of action. >> where were you yesterday? >> i was here. we were together. >> were we ever with our -- no. but there were duelling senate leaders just -- first mcconnell came on. and he said -- did you see either one of those? >> i did. >> did you see harry reid? >> there's no chance of -- >> but if you think -- i want to rise above. there was so little of anything close to that yesterday other than just the -- i mean, people at home must be like, it's the endless blaming and finger pointing and, you know, when one side says it's all the other side's fault and all the other s
obama exclusive "meet the press" sunday morning and check your local nbc stations and that's it for tonight. thanks for watching. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... it's part of what you slove about her.essing. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready.
's appearance into sunday morning. >> president obama to appear on "meet the press" on nbc on sunday. the nail biter of a weekend. you have to wonder if there will we any deal, mini deal, half caff deal, any sort of deal. >> i just want them to get it done before the redskins play the cowboys. that's what matters to me, and what matters to most people in washington by the way. >> i hope it's an exclusive on "meet the press." it is an exclusive. well, he's smart on that. >> the press guys are already here setting up. >> just joining us, so much has happened in the past couple of hours. president obama met with congressional leaders at 3:00. no offer on the part of the president. the leaders came out with very different messages. senator mcconnell said we had a good meeting down at the white house. hopeful and optimistic. senator reid says the meeting was constructive. the president just came out from a statement about 20 minutes ago from the briefing room of the white house saying the time for immediate action is here and is now. he's urging senators reid and mcconnell to come up with some sort
gregory's interview with president obama on "meet the press." i'm chris jansing. i'll see you back here tomorrow morning. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq.
barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> we do know that the house of representatives has been told that the members there should be back in town here in washington expecting votes on sunday at 6:30 p.m. on sunday and we don't be what that will be and we should get more clarity on that tomorrow if there is, in account fa, a meeting at the white house we might find ou
obama will meet with congressional leaders tomorrow. keeping 'em honest, with both sides caught in a trap of their own making? we'll go live to the white house and capitol hill for the latest. and take a look at this, a tornado from the storm system that created holiday havoc across the country and it's not over yet. those stories plus the top ridiculist of 2012. it's all at the top of the hour, john. zp >> thank you, randi. we'll be watching. appreciate it. >>> our fifth story, outfront tonight, the viral political videos of 2012. now, there was no shortage of partisan noise today, from political ads to the countless stump speeches. but we here at "outfront" have picked the top 5 videos that really got folks talking around the water cooler. here to them down, will cain, roland martin, pete dominick, all-star contributors. we're going to have some fun with this. viral videos really did define this campaign. often it's a shrilip on the stu that gets picked up. let's listen to one of obama's slip. you didn't build that. >> someone helped to create this unbelievable system that all
progressive.com today. >>> some breaking news. late word that president obama will meet tomorrow with congressional leaders for one more shot at keeping the country from going over the fiscal cliff. before we get the latest on that, though, let's clear one thing up. everyone talks about the cliff as if it's simply materialized from out of the blue. keeping them honest, that is just not so. the package of drastic budget cuts and tax increases that goy into effect tuesday morning are totally manmade, totally avoidable, and all sides know it. it's a kind of legislative dooms day machine written by the men and women who work here and signed by president obama. the idea being to make it so painful not to cut a deal on taxes and spending that they would be forced to cut a deal on taxes and spending. except keeping them honest, they haven't done it. even though they knew the stakes, they knew the deadline, and both sides promised that this time things would be different. >> we need to return to fiscal responsibility. >> how is it that we're going to be able to do that? getting our fisca
. a smart way to help manage hunger and diabetes. >>> as we speak, congressional leaders and president obama are meeting at the white house as they work on last-minute negotiations to try to avoid the fiscal cliff. our eamon javers also reported just moments ago that treasury secretary timothy geithner is at the meeting as well. we're going to monitor that situation for you, and, of course, bring you all the latest developments on that. in the meantime, oil is up for the week, but ending on a down note today. cnbc's bertha coombs is at the center of all the action at the nymex. >> reporter: we're seeing oil back fractionally positive at this hour with thoseeadl crossing, but overall it was a somewhat down day after we got a disappointing report from the eia inventories delayed because of the christmas holiday. it was a smaller than expected drawdown in crude stocks, and also notable. we saw a $2 million barrel build when it came to crude stocks at the nymex hub in oklahoma. now at a record 49 million barrels to end the year. ironically we do have wti nymex up for the week, and it's actually
to the white house this afternoon to meet there with president obama. lawmakers are increasingly looking at the period following the december 31st deadline we're told to come up with a fix to avoid massive tax hikes and spending cuts, affect lives of nearly every american many economists say could plunge the economy into another recession. chief white house correspondent ed henry live with the latest. so in this meeting, ed, is there any hope they will accomplish anything? >> reporter: well it is pretty low expectations, jon. what we're expecting when you talk to top officials of both parties the president will offer a scaled back plan, something he laid out lines friday before christmas here in the white house briefing room before he went to hawaii. where he said look, we have to scale back expectations. basically just extend middle class tax cuts. don't worry about the rates for everyone else. secondly extend unememployment insurance for about two million people who will be losing it a few days from now at the end of the year. finally he refer to possibility of smaller bit ever spendin
to something that president obama said on "meet the press" today. >> if all else fails, if republicans do in fact decide to block it so that taxes on middle class families do in, fact, go up on january 1st, then we'll come back with a new congress on january 4th, and the first bill that will be introduced on the floor will be to cut taxes on middle class families, and, you know, i don't think the average person is going to say, gosh, you know, that's a -- that's a really partisan agenda on the part of either the president or democrats in congress. i think people will say that makes sense because that's what the economy needs right now. one way or another we'll get through this. >> it kind of sounds like the president is prepared for this to go into next year, and if it does, who do you think gets the blame? >> well, call it instead of democrats plan "b" call it plan "c" for cliff because i think democrats for a while have held the upper hand on these fiscal cliff negotiations because what is it all mean? this is about taxes for democrats, and the bush tax cuts expire at the end of this ye
. the last chance for a deal might be today at 3:00. president obama has scheduled a meeting in the oval office with vice president biden by his side. he's hosting all the major players. the chances of success, depends on who you talk to. >> getting more optimistic. sometimes it's darkest before the dawn. >> this afternoons meetings feels much like optics. >> there are some signs of possible flexibility, but first of all it would be helpful if the house of representatives actually came back. right now we're at a stalemate, because the democrats haven't been willing to consider the issue of spending. >> i want to bring in perry bacon and it edward keith. most of that was just from today. is this meeting to hash out details or perhaps to save face bhf we go over the cliff? >> i would argue today's meeting is they actually thing the outlines of a deal are possible. the president will push today for some agreement in which the middle-class tax cuts are extended for everyone, while the higher rates go up, we also put off the rest of the details for later. the president is pushing for somethin
, president obama is going to meet with the congressional leaders today . one of these meetings "i think lindsay graham saying these are usually dog and pony shows. either you have a deal done meetings that are called in the white house or it is just for show. what do you think? >> kelly: i talked to a bunch of congress people yesterday who said there is a group in the house. republicans in the house that said we can't raise taxes and we shouldn't raise them at all but can't do more than john boehner's plan b, and didn't go to a vote. >> one for million. icle >> it would raise you billion in revenue. they were not for it in the first place but maybe get something through if obama willing to cut. obama administration said if you pass it in the house and september passed it, obama would veto it anyway. they are so far apart. this i am flying back from hawaii and see if i can bring them back together. they are far apart as they have been. >> kelly: why are they having the meeting? because of the talk and rhetoric is ramping up and the agreement is going down. i mean, for example, senate maj
to see you, thank you. >> thank you very much. >> president obama, congressional leaders meeting at the white house to avoid the fiscal cliff. we'll bring you the latest developments on that any minute now. >> also, we'll check up on health care, one of the year's best performing sectors. we'll find out if it's going to run out of steam in the new year and name some names for you coming up. >> and later on, big sky, big jump in estate taxes if congress fails to reach a deal on the cliff. we'll talk to a montana rancher who is pretty upset. coming up, montana's governor brian schweitzer is going to weigh in. >> looks like the meeting may have broken up. there goes nancy pelosi, and we are told now house speaker boehner may have already left, and, no, they are not talking to reporters. nancy is looking for her car to leave the white house, and we're not getting anybody talking to the reporters at this point, so maybe we'll get some -- and i'm told now the futures market in the after-hours pegs is extending the losses that we've been seeing in the last hour of trade. maybe we'll get
, president obama and the top lawmakers meet today at the white house on the fiscal cliff. any compromise is expected to include an extension of the middle class tax cuts with increased rates at upper incomes. spending cuts could also be canceled. ahead of those talks, plenty of blame is being spread around already. >> john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> hopefully there's time for an agreement of some kind. >> speaker john boehner called the house back into session for a highly unusual sunday evening session just in case. >>> an unexpected consequence of the fiscal cliff stalemate could mean sticker shock at your grocery store. milk prices could soon spike to $8 a gallon. wow. congress has been so bogged down with the fiscal cliff, the farm bill is still on the table. if congress does not pass it, dairy subsidies would immediately end on january 1, and those subsidies have been keeping milk prices low for 63 years. >>> the price of curbside parking in chicago is going up january 1. parking meters will charge $
forward. but president obama i am told by this source essentially said to everyone at the meeting, look, if you put this to a vote in the senate and in the house, he believes it would pass. he gave mcconnell and reid about a day basically to come up with their own proposal, something that they believe would make it through both chambers, but interestingly, mcconnell said that he was optimistic in the wake of that meeting. reid said that he found the meeting to be constructive as well as did nancy pelosi. speaker boehner seemed to have a slightly different take, basically saying, look, we've already passed legislation in the house to deal with the sequester, to deal with some of these issues so why not revisit what was passed in the house? but the bottom line is the words that are coming out of this meeting, constructive, optimistic. there seems to be a little bit of movement. you always hesitate to say that because, of course, these talks could become derailed at any minute, but president obama set to address the press and the nation hopefully to give us a little bit of a better sense o
them the public's patience has worn out. after an hour-long closed-door meeting with the president, both the democratic and republican congressional leaders left the white house without saying a word. later, president obama weighed in. >> the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. the economy is growing, but sustaining that trend is going to require elected officials to do their jobs. >> reporter: and back at the capitol, senate majority leader, harry reid, described the meeting as constructive. >> we're out of time. we've got to do it now. that's why the next 24 hours will be very important. >> reporter: a source familiar with the talks told nbc news the president reiterated the proposal he presented before leaving on vacation last week. calling for, among other things, a tax cut extension for those making $250,000 or less. and extending unemployment benefits that are set to expire. the source says the president is confident his plan can pass in both the house and senate if republicans allow a vote.
to prevent massive spending cuts and tax hikes from kicking in january 1st. president obama appeared today on nbc's "meet the press" and said the cuts in spending need to be fairly distributed. >> what i'm not willing to do is to have the entire burden of deficit reduction rest on the shoulders of seniors making students pay a higher student loan rates, ruining our capacity to invest in things like basic research that help our economy grow. >> in news overseas the bodies of the dead are being carried away in syria today. at least 397 people were killed saturday. that is the deadliest day so far in the 21-month long civil war. another 52 died today. the joint u.n. arab league envoy said the situation is rapidly deteriorating but that a solution is still possible. >>> in massachusetts boston's mayor lifted a snow emergency a little earlier today. more than a foot of snow fell on several towns across that state overnight. crews are clearing tons of snow in the gillette stadium now preparing for the patriots/dolphins game this afternoon. >>> keep it here as the clock ticks to the fiscal cliff.
and daughters in hawaii. the vice president is scheduled to be here today for meetings. don't forget the obama administration and congress have the debt ceiling hanging over them. the u.s. set to hit the borrowing limit of over $16 trillion by the end of the year. there's a lot going on at 2012 winds down. in congress, the senate is in session, the house is not. it's the first time either chamber has been in session for business between christmas and new year's since 1970. >> trace: so they're coming back to work. the president probably wished he stayed in hawaii because not much has changed. >> both sides are waiting for the other to make the first move. senate republicans are ready to look over a plan the democrats put forth but they say there's no plan. this morning the top senate democrat, harry reid, chided the top house republican, john boehner, nor not calling the house legislators back into zes speaker boehner should call them back today. he shouldn't have let them go in fact. they're not here. they are not here. john boehner seems to care more about keeping his speakership than keepin
. nbc news laz learned president obama will host a meeting tomorrow afternoon with congressional leadership from both sides of the aisle. house this really a concussion -- >> you mean john bolton. >> i feel if she ends up testifying next month maybe that's the pivot point. if not then, it's going to be soon. i think it's a question of you have one major political party that devotes itself to tearing somebody down. doesn't mean she can't win in 2016. the reason she's at 70% is because a lot of republicans have forgotten they're not supposed to like the clintons. they will get that message in the next year or two. >> my respect for this senator went through the roof when she ran for the senate in upstate new york, rana, because she could have taken a lot of hell from people who are not rooting for her if she had lost that race. she didn't need to put everything on the table in new york state, and she did it, which is the test of political guts to run up there in upstate new york, and she won a good race. she is unbeatable up there. i think she will run for president if she wants to
have until next week to come up with a deal. this afternoon president obama will hold a meeting at the white house. >> he invited democratic and republican leaders for the talks. we get the latest from sherri ly live at the white house. good morning. >> reporter: good morning. they are back at it again today. these are the first face to face talks between the president and republican leaders, and today the president will be meeting with congressional leaders here at the white house from both parties. they are trying to figure out a way to get around this fiscal cliff, and at this point it's not about coming up with a grand bargain. they're just trying to get something done and fast. president obama back in washington, but can he lead both parties to a compromise fiscal cliff work-around? republicans say democrats have been dragging their feet for months and they won't be pressured into what they considered a bad deal that doesn't help balance the nation's books. >> the president calls congressional leaders to the white house, it's political theater or they have a deal. my bet is
people will lose their job. unemployment will go to 9%. why would we do that? >> president obama is meeting with high-profile officers today -- >> we don't speculate but we know the consequences of failing to reach an agreement. >> we're here to support doing the right thing and putting america back to work. >> we've got to make sure that taxes don't go up on middle-class families. our economy remains strong. we're creating jobs. >> it's time for the president and democrats to get serious about the spending problem that our country has. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. >> how about we stop the press conferences, statements, speeches, stop the personal and political attacks? >> people have different views. i'm willing to compromise. >> the president keeps opening doors for the speaker to go through. with the action that the speaker announced, it slammed the door in the president's face. >> time's running short. i'm going to do everything i can to protect as many americans from an increase in taxes as i can. >> are you guys just inco
the press" this morning. the highlight will be president obama on nbc's "meet the press." on abc this morning, senator chuck schumer. along with jon kyl of arizona. on cbs, dick durbin and tom coburn, the republican from oklahoma. fox news this morning, on fox news sunday, senator lindsey graham, the republican from south carolina, on what senator dianne feinstein, democrat of california. it should be a busy morning on the sunday shows. back to your calls. june is waiting from wisconsin, on the independent line. good morning. host: good morning. first of all, shame on a congress, particularly the republicans who have just wanted to does -- to destroy this country. the tea party, i am so glad i am able to say this, the t stands for treason, because they have done all they possibly can to ruin america, to overthrow our government. host: can you take us through the next 48 hours on this debate on the fiscal cliff? what needs to happen? caller: ok. i say, the president should be willing to come up to $300,000, as far as tax increases. we need revenue. $400,000, some people make that.
. >>> the looming fiscal cliff is forcing president obama to cut short his christmas vacation. the deadline is only six days away. the president plans to leave hawaii today and head back to washington to meet with lawmakers. where heed he and his wife, michelle, spent christmas visiting u.s. troops and their families in hawaii. to beat the january 1st deadline senate majority leader harry reid is said to be crafting his own fiscal package. it would extend the bush era tax cuts for households making less than $250,000, extend long-term unemployment, short-term spending cuts, and make a scheduled drop in medicare reimbursement to doctors. house speaker john boehner said they've had no communication with senator reid. >>> the exconwho ambushed and killed two volunteer firefighters in upstate new york may have murdered his sister. her body was found yesterday, and police say william spamglor had the same kind of military rifle used in the connecticut school massacre. he left behind a chilling note. >> reporter: the christmas eve fire in western new york burned seven homes to the ground, but police say
to over 9%. why would you do that? >> president obama is meeting with high profile chief executive officers today. >> we don't legislate but we know a lot about the consequences of failing to reach an agreement. >> we're here to support putting america back to work. >> we have to make sure that taxes don't go up on middle class families, that we're creating jobs. >> it's time for the president and democrats to get serious about the spending problem that our country has. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. >> how about we stop all the press conferences, statements, speeches. stop the personal and political attacks. >> people have a lot of different views. i'm willing to compromise a little bit. >> the president keeps opening doors for the speaker to go through and the action that the speaker announced, he is slamming the door in the president's face. >> time is running short. i'm going to do everything i can to protect as many americans from an increase in taxes as i can. >> are you guys just incompetent or what? i mean, if you can't do
-stakes meeting will be in washington this afternoon. president obama and top congressional leaders are looking for common ground to keep automatic spending cuts and tax increases from kicking them. hidden payne has the story. >> reaching a bill will not be easy because both sides are in a blaming game carry it >>. >> i told the president that we will look at whatever he proposes but the truth is is that we're coming up against a hard deadline. as i stated before this is a conversation that we should have had a month ago. >> democrats want to extend the bush era tax cuts. many republicans are against any tax increases. most americans just want something to be done. >> if people are just tired of partisanship. we just want everyone to come together. >> if lawmakers do not come together then this may lead to recession. i am and \ / \ \ / ed payne reporting. >> we will be right back. [ male announcer ] if you're ready to get more from your tv service, now's a great time to get at&t u-verse tv. make the switch. [ female announcer ] call now to get at&t u-verse tv for only $29 a month for 6 months,
tween the principal negotiator for an intern meeting something else whether or not president obama will wrap up the fiscal cliff talks next week. >> time now to entertain this. it is official jessica simpson expecting another baby. the 32-year-old celebrity tweet add photo of her daughter sitting in front of a sign drawn in the sandwich says big sis. cute little girl isn't she? the announcement comes 7 months after giving birth to that little girl her first child. it has been a good year for hollywood 2012 marched through the industry's highest year on record for 1 billion in ticket sales. is rock and roll hazardous to your health? it might be. you to those playing it. researches in inge lantd studying more than 1500 musicians famous between 1956 and 2006. they found 137 of nthem or 9.2 percent of them were dead. that is a higher mortality rate than those in the general population. >> time to look at the sports stories new season but same results. lebr lebron james and the heat. suddenly the lashgs can't lose. 194 for the fourth straight win. they are back for 500 for the season. k
a great programming note. on sunday, president obama will be david gregory's guest on "meet the press." that's this sunday on "meet the press." but coming up next, whatever became of john boehner. remember him? not too long ago, he was the leader of an increasingly powerful republican party in the house. now, he can't even get his own caucus to approve his celebrated plan b. >> and later, through the magic of digital recording, talking about ef efb the most common sense proposals to limit the ability of assault weapons. and with his annual list of best political movies of the year. this is "hardball," the place for politics. [ male announcer ] with over 50 delicious choices of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant pretty sweet, huh? cute. but don't you have any apps on your phone that can make your life easier? who do you think i am, quicken loans? at quicken loans, we'll provide you with myql mobile. this amazingly useful app allows you to take pictures of your mortgage documents using an iphone or androi
for positions on engaging iran and supporting defense spending cuts. on "meet the press" this morning, president obama apparently, while he didn't say he'll name him, said he has seen nothing in any of the criticism to block him. senator graham, are republicans going to block chuck hagel if he's the nominee for defense secretary. >> i think a lot of republicans and democrats are very concerned about chuck hagel's position on iran sanctions. his views toward israel, hamas and hezbollah and there is wide and deep concern about his policies. all of us like him as a person. it will be up to the president to make the selection. the hearings will matter. they will matter a lot to me. and if he sends chuck hagel up it will be a confirmation hearing of consequence. >> chris: so, at this point you are not prepared to say the republicans would put a hold on the nomination, or filibuster it? >> i can tell you there would be very little republican support for his nomination, at the end of the day, very few votes. >> chris: senator feinstein, you will introduce legislation this week on the first day of the n
. president obama and others are traveling back to get in session. if republicans and democrats can't agree, the session won't meet. every american will be hit with higher taxes new year's day because of the fiscal cliff. a teacher with $43,000 a year will get a tax hike of more than $3,000 a year. a professional athlete would see his taxes go up more than 2.4 million a year. unemployment benefits for some 2 million people would expire. the nation may fall back into a recession. >>> even star bucks is getting into the fight on the fiscal cliff. their ceo wants workers to write come together on the coffee cups they serve thursday and friday. it's the company's way of telling the politicians to find common grounds. >> if people would get in the room and leave their ego behind, but be so sensitive to the'ds of the american people, we would have an agreement. >> a suggestion from the ceo. baristas won't be forced to write anything on the cup. >>> regardless of the fiscal cliff, the new year will bring new laws. same sex marriage will be allowed in maryland. that is not not the only new law. we
is expecp8,. to create problems for people trying to get÷Ññ home after christmas. óp president obama cutting his hawaiian 3 vacation short to gt back to work in washington. he will meet with congressional leaders for if can talks. >>> -- number five, today is the first day of kwanzaa, the seven day festival honors african-american heritage and culture. here in the bay area celebration gets underway at 10:00 at the""rhy discovery musm in sausalito. >>> time check of your forecast. >>> live doppler 7 hd showing scattered showers that will continue throughout the better part of today. they haven't caused delays at sfo, oakland nor san jose we'll keep an eye on it. breaks in the cover now. partly sunny today, chance of showers all day, temperatures in the low to mid 50s. >>> quiet week since we have ak short week and holiday week, bay bridge toll no delays, no metering lights yet. if you are traveling on 80 westbound through berkeley, headlight there is, you are crowded but still moving into the macarthur maze no major delays there. first reports of an accident westbound san mateo brid
, thanks for all that. rick santelli in chicago. a last-minute effort by the white house. president obama set to meet with congressional leaders today, 3:00 eastern time, in an effort to avert going over the fiscal cliff. with only three days to go, our next guest says it's not falling over the cliff we should be worried about, it's how much the landing is going to hurt. brian mcginnis is the head of the campaign to fix the debt, president of the committee for responsible budget and joins us this morning from washington. maya, good morning. what do you mean by that? what are you trying to say when you talk about the landing hurting the most? >> well, the point is that the fiscal cliff is a deadline and it's an important deadline that's there to help us focus on getting a big debt deal. the sad state of play is that it appears they're not going to be successful in that. they're not going to be able to replace the cliff with a big, comprehensive debt deal that's big enough to help fix the fiscal challenges of the country. but what's even additionally troubling now is that we may actually go
90 hours to go until the fiscal cliff kicks in, president obama and top members of congress meet today at the white house, and the house will hold a rare session on sunday. but there are no signs that any proposals are taking shape that both sides can agree on. >>> and now for a look at what is trending today, our quick roundup of what has you talking online. every day thousands of people update social media sites like facebook and twitter when they get sick. now sickweather.com is scanning those sites to help predict outbreaks of illness like the flu, letting you take your ge germophobia. >>> well, bravo is giving us a sneak peek inside lindsay lohan's bedroom for an upcoming episode of "million dollar decorators." they agree that the mirrored bed frame has got to go. you can see the full episode january 1st on bravo. >>> miley cyrus' cover of dolly parton's j"joline" is going viral. she just released the sessions she did with her band over the summer. here's a listen. ♪ joline, joline, joline >> video was only posted this week, but it was shot before miley got her new distinc
's capitol senators will meet tomorrow in ongoing effort to avoid the fiscal cliff. president obama is about to end his family vacation in hawaii and will arrive in washington early tomorrow to deal with the tax increases and spending cuts that are due to take effect next week. no official fiscal cliff negotiations between republicans and democrats have been scheduled. not a great deal of progress. >>> with the government right on the edge now of that fiscal cliff, taxpayers are facing a lot of uncertainty as we head into the new year and for many of us the usual year-end financial strategies simply may not apply this year. 7 on your side's michael finney sorts out some of the confusion. >> reporter: when it comes to year end finances the old rules may not add up this year. >> it is difficult to do any type of tax planning and advising because nobody really knows exactly what is going to happen. >> much of the uncertainty centers around whether the united states is about to fall off that a fiscal cliff. if that happens, that would mean the end of the temporary payroll tax cuts. even if that
can'ts did not meet the demand for the extraordinary relief. president obama has consistently say that contraception is a private issue between her woman and her doctor and not a woman and her boss. >> we received a statement from the hobby lobby company saying that they will continue their appeal and reiterating that they don't have any intention of paying for the morning after pill. there is no precedent for this. it's not clear exactly, candy, how the irs will connect these fees. we're in brand-new territory. >> we are. there will be lot of things coming into play this year and nextear for health care. it's going to make for interesting news. thank you so much, lisa, appreciate it. >>> invisibility cloak made harry potter disappear. we'll show how the next generation of camouflage could do the same for u.s. troops. >>> and a dying mother leaves behind an emotional message to her young children and the world. we're all having such a great year in the gulf, we've decided to put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beac
out that the afghan leader will be meeting with president obama in washington in early january. denver is 7, we understand. what do you make of that pending visit and what that conversation will? --will be like?nuary 7 guest: it will be about the remaining forces and what rules will govern incarceration policies for insurgents that have been captured and i'm sure there are a number of other things on the agenda. but those are the primary things they will discuss. host: back to your trouavels, what our soldiers telling you about the war effort from their perspective in afghanistan? guest: i am finding extraordinary courage on the part of the soldiers. it is quite an amazing experience to be embedded with them. i hear a lot of cynical soldiers, dispirited soldiers who talk about how we are trying prop up one of the most corrupt governments on the planet. afghanistan typically ranks number two or number three as most corrupt in the world. it is no. 6 on the failed states list. the soldiers are very aware of this. there is what is called the ground reality. uth on the ground is sometimes d
: well, you know what, peter? there's not lost love between boehner and president obama. are they going to meet? >> reporter: they might, gregg. the speaker is expected to return to washington soon but we still don't know of a specific time set aside on his calendar to meet with the president. actually the last we heard from the speaker he said that since voters in november picked republicans to control the house, he is going to stay true to his party's principles in december in the course of making any kind of a compromise. >> the american people reelected president obama on election day. they also reelected a republican majority here in the house. in doing so they gave us all a mandate. it was not a mandate to raise taxes on families and small businesses. it was a mandate to work together to begin solving the massive debt that threatens our country's future. >> reporter: the house and the senate will both be back in session tomorrow and the president has said he expects them to quickly vote to pass legislation to avoid the fiscal cliff, if, he and the speaker are able to make a deal b
school students return to classes. and on friday congress meets in joint session to confirm barack obama as the official winner of the presidential election. and still on the subject of washington, here's norah o'donnell who will be filling in for bob scheiffer this morning on "face the nation." good morning, norah. >> will there be massive tax increases and steep spending cuts in 2013? we'll talk about the fiscal cliff to senator dick durbin and senator tom coburn on face the nation. >> osgood: next week here on sunday morning, a conversation with general stanley mcchrystal. and we catch up with actress laura durn. my doctor diagnosed it as fibromyalgia, thought to be the result of overactive nerves that cause chronic widespread pain. lyrica is believed to calm these nerves. i learned lyrica can provide significant relief from fibromyalgia pain. and for some people, it can work in as early as the first week of treatment. so now i can do more of the things that i enjoy. lyrica is not for everyone. lyrica may cause serious allergic reactions or suicidal thoughts or actions. tell your doct
an illegal gun clip on the air. he held up what looked like a 30 round gun magazine on "meet the press" on sunday. it happened with the ceo of the n ra and the investigation came after they claimed investigation of possession of such a magazine. >>> president barack obama is headed back to washington d.c. and just six days remain before our country goes over the fiscal cliff. here is more from our washington d.c. newsroom. >> reporter: brian is congress does not act taxes will go up on all americans next tuesday. they are scheduled to get back to work for tomorrow morning which is when president barack obama's flight returns from hawaii but many are pest mystic he will reach -- pessimist particular they will reach the deadline. it is the republican controlled householding out. house speaker john boehner wants increase for those making only 1 million a year. they say it's more likely we will go over the cliff than not. >> if we allow that to happen it will be the most colossal consequential act of congressional you are responsibility in a long time. >> reporter: some republicans are say
. >> president obama is heading back from hawaii so that he can return to washington to meet with congressional leaders to avoid the fiscal cliff. the hulls and senate has reconvened and they stated that without an agreement those increases will take dan. >> here is a look at wall street they are back at work this morning. the dow was up this morning but now they're back down by 22 points. >> in bay area >> . a san francisco woman will be in accord after an accident that killed a person and injured two others. this woman was killed when she was hit and police stated that the driver of this car was intoxicated. the victim's son stated that he does not one another person to go through this because someone was drinking and driving. >> there are consequences, my family, i had a perfect family and mother. not everything is gone for me. >> the driver of the car was arrested. she is only 23 years old. she faces felony counts including the hit killer manslaughter. >> a man shot in west oakland on christmas day has pushed the homicide rate up. 32 year-old was shot at 24 in chestnut street and his murder
. >> good morning, rebecca. president obama met with the four top leaders yesterday. he met for just over an hour. now, earlier in the fiscal cliff talks, meetings like this had tended to be tense and nonproductive but this meeting gave rise to hopes of a last-minute deal. for the first time in weeks president obama reported genuine progress to averting some part of the so-called fiscal cliff. >> i'm modestly in agreement we'll achieve. >> they're now chasing a much smaller deal than originally sought. the final product if there is one will not include trillions in debt reduction or federal spending or tax code reform. it won't even include across the board spending cuts. it will focus on tax rates and a few spending items. >> that's the bearare minimum we should be able to get done. >> sidelined for now. house speaker john boehner. as they left they sounded like they were closing in on a compromise. >> think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. >> we'll be working hard to try to see if
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